Oman, Iraq Ink MoU for Oil and Gas Cooperation
The agreement will allow Iraq to export crude oil to and import petroleum products from Oman.
The agreement will allow Iraq to export crude oil to and import petroleum products from Oman.
Four new hydrocarbon and petrochemical projects worth $2.5 billion will be implemented on a new reclaimed land from the sea as a part of the Sohar South expansion project of Sohar Port and Freezone (SOHAR).
Oman liquefied natural gas (LNG) has offered three cargoes for August loading, according to industry sources.
Petroleum Development Oman (PDO) has awarded Petrofac the procurement services project for the Mabrouk North East Line Pipe in Oman.
KBR has been awarded a Front- End Engineering Design (FEED) contract by Oman LNG for their facility’s debottlenecking at Sur in Oman.
Omani crude oil and condensates production has increased to 29.11 million barrels in April with a daily average production of 970,467 barrels per day (b/d).
Oman Liquefied Natural Gas (LNG) has developed all its facilities with a $2 billion payment ahead of its time.
Douglas OHI won a $42.1 million deal that includes civil and underground piping to develop the new Duqm oil refinery in Oman.
Oman’s Overseas Oil and Gas LLC (OOG) is seeking new partners for developing a $15 billion new refinery in Bontang, East Kalimantan.
The plant will have an expected production capacity of around 450,000 metric tonnes of calcined petroleum coke.